Investors Keen on Wider Aralco Price

May 1, 2013

Brazil’s Aralco has sold a $250m cross-border bond after reviving the issue at more attractive pricing. The B/B sugar and ethanol producer priced the 2020 NC3 at 99.386 with a 10.125% coupon to yield 10.25%, in line with 10.25%-area guidance. The transaction was heard getting...

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